Frontier
Verizon is set to buy Frontier Communication for $20 billion dollars the wireless company plans to expand and have a stronger fiber network. The deal is expected to close within 18 months. Verizon to buy Frontier in $20 billion deal to boost fiber network (yahoo.com)
According to news reports last week, executives were advised by creditors to settle out with a deal for a $356 million dollar debt that’s owed by March 1st. According to Bloomberg news reports, this type of deal most likely comes with filing for chapter 11 bankruptcy. Frontier total debt is at around $17.5 billion dollars. The […]
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